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The online gambling industry is experiencing widespread layoffs. Penn Entertainment recently cut over 70 jobs in its interactive division. Gambling.com Group also laid off approximately a quarter of its employees. These reductions reflect a shift towards efficiency and AI adoption. Industry growth is slowing, forcing companies to streamline operations.
https://www.gamblingnews.com/news/betting-firms-cut-jobs-as-industry-growth-stalls/
Multiple gambling companies announced layoffs this week. Penn Entertainment cut over 75 employees from its interactive division. Gambling.com Group reduced its workforce by 25%, impacting around 150 people. LSports, an Israeli data provider, also laid off 39 employees. AI adoption, slowing growth, and new competition drive these cuts. The online gambling industry faces a broader recalibration.
https://frontofficesports.com/gambling-layoffs-pile-up-as-sports-betting-industry-recalibrates/